Tag: Stephen B. Yim

  • Creditor-Protection Gets a Boost

    Due to recent changes in our state law, Hawai‘i is one of a handful of states that affords creditor-protection to those who hold “Tenants by the Entirety” property. Tenants by the Entirety is a method by which married couples have equal interest in a property and hold the title together. Each owns the undivided whole…

  • Add the Color Into Your Estate Plan

    Leaving one’s legacy, in my opinion, involves much more than writing a Will to say who gets your things when you die. It involves reaching into your past and telling your life story including recalling specific memories, telling of family history, expressions of love and regret, and granting or requesting forgiveness. It also involves looking…

  • Are You a Planner?

    The end of your life begins now While more Americans are living longer, they will inevitably cope with one or more chronic conditions and disability. Recent statistics reveal that more than 70 percent of individuals in their 80s have some degree of dementia or diminished capacity. In order to ensure that your wishes are followed,…

  • The Third Guarantee: Change

    An often-heard quote about lifetime guarantees is the one about death and taxes. I would suggest that there is a third guarantee — that life changes. Nothing stays the same. So, once you’ve completed your estate plan, you’ll want to review it every so often to address life’s changes. What could a review with your estate planner…

  • Legal: Make It Personal

    In planning our estate, we often spend much of our energy on deciding how to distribute the home and the cash, and we often overlook the personal items. In my practice, I see families distributing large sums of money and real estate rather smoothly. Then, when it comes to personal property, family conflict arises. From…